A and B are partners sharing profits in ...

A and B are partners sharing profits in the ratio of 3 : 2. C is admitted as a partner. The new profit-sharing ratio among A, B and C is 4 : 3 : 2. Find out the sacrificing ratio.

Text Solution

Verified by Experts

Sacrificing Ratio-7 : 3.

Topper's Solved these Questions

Admission of a Partner
TS GREWAL|Exercise VERY SHORT ANSWER QUESTIONS|33 Videos
ACCOUNTING RATIOS
TS GREWAL|Exercise Exercise|147 Videos
CASH FLOW STATEMENT
TS GREWAL|Exercise CASH FLOW FROM INVESTING ACTIVITES|1 Videos

Similar Questions

Explore conceptually related problems

(New profit-sharing Ratio of all Partners is given). A and B are partners sharing profits in the ratio of 3 : 2. C is admitted into partnership. New profit-shareing ratio among A, B and C is 5: 3 : 2. Find the sacrificing ratio.

X and Y are partners sharing profits in the ratio of 3 : 2. Z is admitted as a partner. Calculate sacrificing ratio if new profit sharing ratio is 9 : 7 : 4.

M and J are partners in a firm sharing profits in the ratio of 3 : 2. They admit R as a new partner. The new profit-sharing ratio between M, J and R will be 5 : 3 : 2, R brought in RS.25,000 for his share of premium for goodwill. Pass necessary Journal entries for the treatment of goodwill.

A, B and C are the partner sharing profits in the ratio 3 : 2 : 1 , C retires . What will be the new profit - sharing ratio?

A and B are partners sharing profits in the ratio of 3:1. They admit C for 1/4 share in the future profits. The new profit sharing ratio will be:

(Partners make Sacrifice in Old Ratio) A and B are partners sharing profits in the ratio of 3 : 1. C is admitted into partnership for 1/8th of the profits. Calculate sacrificing ratio and new profit-sharing ratio.

A and B are partners sharing profit in the ratio of 3 : 2. They admit C as a partner by giving him 1/3 share in future profits. The new ratio will be :

A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. D is admitted for 1/3rd share in future profis. What is the sacrificing ratio?

A and B are partners sharing profits in the ratio of 11 : 4. C was admitted. A surrendered (1)/(11) th of his share and B(1)/(4) of his share in favour of C. The sacrificing ratio will be :

TS GREWAL-Admission of a Partner-EXERCISE

X and Y are partners sharing profits in the ratio of 3 : 2. They admit...
Text Solution
|
Rakesh and Suresh are sharing profits in the ratio of 4 : 3. Zaheer jo...
Text Solution
|
A and B are partners sharing profits in the ratio of 3 : 2. C is admi...
Text Solution
|
A, B and C are partners sharing profits in the ratio of 4 : 3 : 2. D i...
Text Solution
|
A, B, C and D are in partnership sharing profits and losses in the rat...
Text Solution
|
X and Y are partners sharing profits and losses in the of 3 : 2. They ...
Text Solution
|
A, B and C are partners sharing profits in the ratio of 2 : 2 : 1, D i...
Text Solution
|
A and B are in partnership sharing profits and losses as 3 : 2. C is a...
Text Solution
|
P and Q are partners sharing profits in the ratio of 3 : 2. They admit...
Text Solution
|
A and B are partners sharing profits and losses in the ratio of 2 : 1....
Text Solution
|
A and B are partners sharing profits and losses in the ratio of 2 : 5....
Text Solution
|
A and B are partners in a firm sharing profits and losses in the rati...
Text Solution
|
B and C are in partnership sharing profits and losses as 3 : 1. They a...
Text Solution
|
M and J are partners in a firm sharing profits in the ratio of 3 : 2. ...
Text Solution
|
A and B are in partnership sharing profit and losses in the ratio of 5...
Text Solution
|
A and B are partners sharing profits and losses in the ratio of 7 : 5...
Text Solution
|
X and Y are partners sharing profits in the ratio of 3 : 1. Z is admit...
Text Solution
|
Anshul and Parul are partners sharing profits in the ratio of 3 : 2. T...
Text Solution
|
A and B are partners in a firm sharing profits and losses in the ratio...
Text Solution
|
Aun and Bhagwan were partners in a firm sharing profits in the ratio 3...
Text Solution
|